abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Sees Large Decline in Short Interest

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMGet Free Report) was the target of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 6,489 shares, a decline of 37.5% from the February 26th total of 10,381 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 14,322 shares, the short-interest ratio is presently 0.5 days.

abrdn Emerging Markets Dividend Active ETF Stock Performance

NASDAQ:AGEM opened at $39.85 on Friday. abrdn Emerging Markets Dividend Active ETF has a one year low of $24.21 and a one year high of $45.76. The stock has a market cap of $219.57 million, a PE ratio of 13.90 and a beta of 1.43. The stock has a 50 day moving average price of $42.55 and a 200 day moving average price of $39.51.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Tuesday, March 24th will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.7%. The ex-dividend date is Tuesday, March 24th.

Institutional Trading of abrdn Emerging Markets Dividend Active ETF

An institutional investor recently bought a new position in abrdn Emerging Markets Dividend Active ETF stock. Bartlett & CO. Wealth Management LLC purchased a new position in shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 2,157 shares of the company’s stock, valued at approximately $83,000.

About abrdn Emerging Markets Dividend Active ETF

(Get Free Report)

The abrdn Emerging Markets Dividend Active ETF (AGEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund actively invests in dividend paying companies from emerging markets, selected based on proprietary quality and fundamental factors. AGEM was launched on Feb 18, 2025 and is issued by Abrdn.

See Also

Receive News & Ratings for abrdn Emerging Markets Dividend Active ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Emerging Markets Dividend Active ETF and related companies with MarketBeat.com's FREE daily email newsletter.